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List of All Articles with Tag 'ce'

Corlytics and Clausematch Come Together to Redefine RegTech
Corlytics and Clausematch Come Together to Redefine RegTech
LONDON & DUBLIN--(BUSINESS WIRE)--Jul 4, 2023--
2023-07-05 07:24
Jake Paul gambling advert banned by watchdog as YouTuber has 'strong appeal to under-18s'
Jake Paul gambling advert banned by watchdog as YouTuber has 'strong appeal to under-18s'
Jake Paul is arguably one of the most well-known influencers in the world right now, but unfortunately for gambling firm Ladbrokes, the YouTuber-turned-boxer’s widespread appeal has landed them in a bit of trouble with the UK’s Advertising Standards Authority (ASA). The independent advertising watchdog, which regulates the advertising industry, enforces rules drawn up by the Committee of Advertising Practice (CAP), which has some pretty strict rules when it comes to gambling ads. In addition to requiring said adverts to be “socially responsible” and “protect children … from being harmed or exploited”, the CAP’s code states marketing communications must not be “likely to be of strong appeal to children or young persons, especially by reflecting or being associated with youth culture”. “They must not include a person or character whose example is likely to be followed by those aged under 18 years or who has a strong appeal to those aged under 18,” it reads. After Ladbrokes shared a promoted tweet in February featuring Paul – following his defeat to Tommy Fury – in which Twitter users were encouraged to vote on “what’s next for Jake Paul”, a single complaint was made to the ASA as to whether it may be in breach of the Code. Responding to the ASA’s enquiries, the betting company noted the advert contained no calls to action, promotions or links back to its website – and was “age-gated” so only users who had confirmed their age as being over 18 could see it. Sign up to our free Indy100 weekly newsletter The ad was specifically targeted at users aged 25 and over, receiving close to 16,500 impressions with just over 47 per cent of these being from individuals aged between 20 and 29 years. Ladbrokes also cited demographics for Paul’s following across several social media platforms, showing that the percentage of users aged between 13 and 17 years old was below 20 per cent on Instagram, YouTube and TikTok. On Twitter, zero per cent of his followers were reportedly registered as being under 18. The company also directed ASA to the watchdog’s own guidance on “protecting under-18s” from advertising about gambling and lotteries, in which it states “sports like … boxing … are more adult-oriented and unlikely to be of inherent ‘strong’ appeal” to children and young people. Zing. However, in a decision which saw the regulator uphold the complaint against Ladbrokes, the ASA ruled there was still a responsibility to comply with the rule about not appealing to under-18s because the advert “appeared in a medium where under-18s could not be entirely excluded from the audience”. It continued: “CAP guidance stated that sportspeople involved in clearly adult-oriented sports who were ‘notable’ stars with significant social media and general profiles which made them well-known to under-18s were considered moderate risk in terms of how likely they were to be of strong appeal to under-18s. “We also considered that Jake Paul would primarily be known for making YouTube videos and that he had a large social media following. We acknowledged that he had within the last few years turned to boxing. “However, because of his career on YouTube, we considered that he had a high profile within the sport and was well known outside of the sport and social media.” Although they noted Paul had no followers aged under 18 on Twitter, where the ad was located, the ASA concluded the content creator was still of “inherent strong appeal” to under-18s because “such large numbers” of his followers were in that demographic. They also mentioned Paul’s appearance on the Disney Channel series Bizaardvark between 2016 and 2018 about two teenagers, with the target audience for the show likely to be “around the same age”. As such, they found Paul still had a “strong appeal” to under-18s and that Ladbroke’s advert was “irresponsible”. Not the first time Paul and “irresponsible” have appeared in the same sentence, to be honest… Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.
2023-07-05 07:17
Judge limits Biden administration in working with social media companies
Judge limits Biden administration in working with social media companies
A judge on Tuesday prohibited several federal agencies and officials of the Biden administration from working with social media companies about “protected speech,” a decision called “a blow to censorship” by one of the Republican officials whose lawsuit prompted the ruling
2023-07-05 06:23
Bank of England considers clampdown on foreign bank branches- FT
Bank of England considers clampdown on foreign bank branches- FT
(Reuters) -The Bank of England is looking at plans to force more international banks to set up subsidiaries in the
2023-07-05 05:52
Injunction blocks Biden administration from working with social media firms about 'protected speech'
Injunction blocks Biden administration from working with social media firms about 'protected speech'
A judge on Tuesday prohibited several federal agencies and officials of the Biden administration from working with social media companies about “protected speech,” a decision called “a blow to censorship” by one of the Republican officials whose lawsuit prompted the ruling
2023-07-05 04:46
Twitter CEO backs widely criticized tweet-reading rate limits
Twitter CEO backs widely criticized tweet-reading rate limits
Twitter CEO Linda Yaccarino on Tuesday tweeted a defense of the temporary cap announced July 1 on the
2023-07-05 03:29
Irish budget to deliver €5.2bn spending package
Irish budget to deliver €5.2bn spending package
Ireland's finance minister says the budget aims to protect people from the impacts of inflation.
2023-07-05 02:47
Exclusive-Insurers look to ease UN climate alliance rules after member exodus - sources
Exclusive-Insurers look to ease UN climate alliance rules after member exodus - sources
By Tommy Wilkes LONDON (Reuters) -The remaining insurers in a United Nations-backed coalition aimed at tackling climate change are poised
2023-07-05 02:19
Ireland to hike core government spending by 6.1% in 2024
Ireland to hike core government spending by 6.1% in 2024
DUBLIN Ireland intends to increase core public expenditure by 6.1% next year in an overall budget package of
2023-07-05 01:56
UK banks should not close accounts over customers' politics, minister says
UK banks should not close accounts over customers' politics, minister says
By Huw Jones and David Milliken LONDON British banks should have to serve a customer even if they
2023-07-05 01:49
UK mortgage rates spike to highest level since Truss tax plan spooked markets
UK mortgage rates spike to highest level since Truss tax plan spooked markets
Homeowners and renters in the U.K. are facing further grim news as mortgage rates hit levels not seen since unfunded tax cuts announced by the government last fall spooked investors
2023-07-05 01:16
HEINZ® Launches Movement Against Mistreatment of Hot Dogs; Rallies for Justice at World’s Largest Hot Dog Eating Contest
HEINZ® Launches Movement Against Mistreatment of Hot Dogs; Rallies for Justice at World’s Largest Hot Dog Eating Contest
PITTSBURGH & CHICAGO--(BUSINESS WIRE)--Jul 4, 2023--
2023-07-05 00:55
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